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Mattel, Inc. (MAT) offers investors solid growth and a nice stream of dividend income at a reasonable price.

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Based on consensus estimates, analysts expect low double-digit EPS growth over the next two years. On top of this, the company pays a dividend that yields a solid 3.7%.

Earnings estimates have been rising following the company's better-than-expected fourth quarter results. It is a Zacks #2 Rank (Buy).

Great Quarter

Mattel, Inc. is a leading toy maker with iconic brands like Barbie, Hot Wheels, Matchbox, American Girl, and Tyco R/C, as well as Fisher-Price brands, including Little People and Power Wheels.

The company was founded in 1945 and has a market cap of $11.6 billion.

Mattel delivered better than expected fourth quarter results. Earnings per share came in at $1.07, well ahead of the Zacks Consensus Estimate of $1.01. This was a 20% increase over the same quarter in 2010.

Net sales rose 1% to $2.15 billion, driven by a 5% increase in international markets. Sales were down 2% in the U.S.

The Mattel Girls & Boys Brands business unit saw worldwide sales growth of 7%, including 6% for the Barbie brand. But this was somewhat offset by a 10% decline in the Fisher-Price Brands segment.

Meanwhile, operating income rose 16% year-over-year as the company expanded its operating margin by 290 basis points to 23.1% of net sales.